Company Information

  

Address: SUITE 1500
1040 WEST GEORGIA STREET 
City: VANCOUVER 
State:  
Zip Code: V6E 4H1 
Telephone: 778-373-4533 

Description of Business

Primary SIC Code: 1040
(As filed with the SEC)  

DESCRIPTION OF BUSINESS Taseko is a mining company that seeks to create shareholder value by acquiring, developing, and operating large tonnage mineral deposits which, under conservative forward metal price assumptions, are capable of supporting a mine for ten years or longer. Taseko's principal business activity is operating the Gibraltar Mine and advancing its other projects to a production decision. In recent years, the Company has expanded the Gibraltar Mine ore concentrator, added a second ore concentrator, increased the mining fleet and made other production improvements at the mine. Our business is focused on the production of copper and molybdenum from the Gibraltar Mine and on securing environmental permits for the proposed Florence Copper Project, Aley Niobium Project, and the New Prosperity Gold and Copper Project. The Company also owns the Harmony Gold Project, currently a dormant exploration stage gold property.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2018-0.04NAN/E
03/20180.00NAN/E
12/20170.12NA19.42
09/20170.16NA11.56
06/20170.04NA31.75
03/2017-0.05NAN/E
12/2016-0.10NAN/E
09/2016-0.20NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.07Total Liab/Total Assets0.63
Net Inc/Total Assets0.03Total Liab/Inv Cap0.68
Net Inc/Inv Cap0.04Total Liab/Comm Equity1.32
Pretax Inc/Net Sales0.17Interest Coverage Ratio1.98
Net Inc/Net Sales0.09Curr Debt/Equity0.03
Cash Flow/Net Sales0.56LTD/Equity0.87
SG&A/NetSales0.07Total Debt/Equity0.90
Asset Utilization   Liquidity  
Net Receivables Turnover22.47Quick Ratio1.73
Inventory Turnover5.16Current Ratio2.37
Inventory Day Sales0.02Net Rec/Curr Assets0.15
Net Sales/Work Cap4.49Inv/Curr Assets0.27
Net Sales/PP&E0.47  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 301.93 196.76 208.26 296.09
Cost of Goods Sold 198.18 195.44 207.31 291.69
Selling & Admin Exps 20.83 14.16 10.32 13.17
Operating Income 81.54 -14.39 -10.04 -17.07
Interest Exp 37.06 22.38 18.66 23.68
Pretax Income 50.63 -34.38 -48.92 -54.11
Other Income 6.15 2.39 -20.22 -13.37
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 27.35 -23.41 -44.89 -46.52

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 64.03 66.39 49.33 46.02
Receivables - Total 17.25 9.62 9.50 34.34
Inventories - Total 31.64 45.15 29.24 31.16
Total Current Assets 116.31 123.28 90.39 117.96
Net Property, Plant & Equipment 636.31 544.51 572.14 685.22
Total Assets 789.11 707.98 701.32 856.93
Liabilities        
Accounts Payable 38.97 28.81 25.66 39.96
Debt in Current Liabilities 9.00 12.05 43.05 17.40
Total Current Liabilities 49.01 40.86 68.71 57.37
Long-Term Debt 253.76 278.24 219.86 253.41
Total Liabilities 496.13 455.24 434.72 492.35
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 336.88 311.68 300.87 360.84
Retained Earnings -82.11 -102.26 -76.12 -37.46
Treasury Stock NA NA NA NA
Total Stockholders' Equity 292.97 252.74 266.60 364.58
Total Liabilities and Stockholders' Equity 789.11 707.98 701.32 856.93

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 168.47 25.24 37.22 43.66
Net Cash Provided by Investing Activities -81.26 -14.24 -1.99 -33.98
Net Cash Provided by Financing Activities -90.13 4.67 -22.06 -38.06

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013272.99-32.79-0.17
12/2014296.09-46.52-0.23
12/2015208.26-44.89-0.20
12/2016196.76-23.41-0.10
12/2017301.9327.340.12
Growth Rates2.55----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/189568,25829.89




Report Date : 9/17/2018

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